Investors Bite

Losses in Industrial and Consumer Names Drag ASI Down, as W-t-D Drops -3.51%

April 3, 2020/InvestmentOne Report The Nigerian equities market closed negative today as NSE-ASI lost 0.13% to close at 21,094.62pts. Similarly, the market lost 3.51% WTD.  However, in today’s trade, market breadth index was positive with 15 gainers against 13 losers .  SKYAVN (-9.89%)  was the  top loser while ACCESS (+10.00%) led the gainers’ chart .  FBNH (+6.76%) was the most actively traded stock with about 60million units of shares worth about N232million.  Sector Performance  NSE Industrial Index: Fell by 0.89%, on the back of […]

FCMB Announces AGM by Proxy

April 2, 2020/NSE We refer to the publication of our Audited Financial Statements and the Notice of Annual General Meeting (AGM) scheduled to hold on Tuesday, April 28, 2020 at 11.00 am. Your Company notes the outbreak of the COVID-19 pandemic in the country and the partial lockdown of some […]

Moody’s Assigns Ratings to Dangote Cement Plc’s DMTN Program and Proposed Series 1 Notes

Culled—Proshare April 2, 2020 By Moody’s Investors Service Moody’s Investors Service, (“Moody’s”) has today assigned a (P)B2 local currency rating and Aa3.ng national scale rating (NSR) to the NGN300 billion domestic medium term note program (DMTN) issued by Dangote Cement Plc (DCP) and assigned a B2 local currency rating and […]